Becker's Healthcare November 14, 2024
Bradenton, Fla.-based MCR Health, a nonprofit medical group, sought Chapter 11 protection Nov. 11, the Tampa Bay Business Journal reported Nov. 13.
Court documents filed in Florida revealed MCR has approximately $14.4 million in debt. Around $12 million of that is in loans and $2.4 million is in unsecured creditors, the Journal reported.
“In order to continue to allow MCR Health to remain a leader in providing healthcare and access for all, we have made some difficult decisions to align with our financial reality,” a spokesperson for MCR Health said in a Nov. 13...